Question

journalise this

sold goods to Anil for 20000 + cgst and sgst @ 6% each, allowed him 10% trade discount and 3% cash discount. received half of the amount by cash and balance by check within agreed time (please explain and answer it fast )

Answer 1

Cash a/c. Dr. 10080
Bank a/c. Dr 10080
To sales a/c. 18000
To output cgst a/c. 1080
To output sgst a/c. 1080

Answer 2

Answer:

Explanation:

Cash a/c. Dr. 10080

Bank a/c. Dr 10080

To sales a/c. 18000

To output cgst a/c. 1080

To output sgst a/c. 1080